double or nothing

Interesting article in AFR today about Glencore selling its stake in Tampakan. Not often Indophil appears in the AFR. Indophil said not to be worried about the exit and could itself be a buyer, with pre-emptive rights.

Also local interests could be interested in the stake.

Lots of 'ifs', but if locals take out Glencore and Indophil increases its own stake AND project goes ahead with more locals on board, then could put a large rocket under IRN share price.